Marketed: Permian Basin, Eagle Ford Mineral Acquisition Opportunity

Transaction Type
Sellers
Marketers
Basin
Permian Basin; Delaware Basin; Midland Basin; Eagle Ford Shale
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by Detring Energy Advisors LLC. All inquiries on the following listings should be directed to Detring. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

A private seller retained Detring Energy Advisors to market for sale its mineral interests located in the Permian’s Delaware and Midland sub-basins and the Eagle Ford Shale.

According to Detring, the assets offer an attractive opportunity to acquire resilient, high-margin cash flow from hundreds of horizontal PDP wells with significant near-term production growth generated by highly economic DUCs and permits and net royalty acreage operated by premier active operators including EOG Resources Inc., Occidental Petroleum Corp., Marathon Oil Corp. and ConocoPhillips Co. providing confidence in future development plus diversified exposure to the three most fertile and active basins in the Lower 48 with leading well economics.

Process Summary:

  • Evaluation materials available via the Virtual Data Room on April 29
  • Proposals due on May 27
  • Seller prefers to sell the assets in a single transaction but will entertain offers for sub-portions of the package

For information visit detring.com or contact Melinda Faust at mel@detring.com or 512-296-4653.

Related Content